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All Forum Posts by: Tyler Grein

Tyler Grein has started 1 posts and replied 2 times.

Post: How to find a BRRRR deal in Texas?

Tyler GreinPosted
  • Investor
  • New Waverly, TX
  • Posts 2
  • Votes 2

@Steven Natera I currently live in Buda and I'm having the same difficulties finding deals around the Austin area. I've started looking further north toward Temple, Killeen, and Waco since the price point is a little lower. I agree with @Andy Webb that San Antonio is a good option as well.

Post: Funding Deals as a New Investor

Tyler GreinPosted
  • Investor
  • New Waverly, TX
  • Posts 2
  • Votes 2

Hi everyone! I'm looking for some advice on how to fund properties as a newbie with zero properties.

I was very fortunate and closed on my primary residence in the Austin, TX area in January of last year and since then have had a substantial amount of appreciation in property value. I was thinking about doing a HELOC or home equity loan in order to free up capital for a down payment on a single-family or small multi-family property in the midwest but then I wasn't sure how to fund the rest of the purchase. Do I use a conventional mortgage? Should I use a hard money loan? Are hard money loans only for when you are BRRRRing a property? Also, does anyone have any advice on how to find private money lenders?

Any input is appreciated!